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TOP NEWS
Coinbase Asks Judge To Bar Ill. Action Over Event Contracts
By Celeste Bott
Coinbase urged an Illinois federal judge Tuesday to grant an injunction blocking the state's enforcement of its gaming laws against the company's sports-related event contracts offerings, arguing that effort "falls right in the heartland of preempted state laws" and that such transactions can only be regulated by the U.S. Commodity Futures Trading Commission.
Motion attached |
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LITIGATION
SEVENTH CIRCUIT
7th Circ. Questions Keeping 5 NEC Suits In Federal MDL
By Lauraann Wood
A Seventh Circuit panel seemed hesitant Tuesday to back an Illinois federal court's finding that several Pennsylvania-based necrotizing enterocolitis suits should stay in multidistrict litigation involving similar cases, as one judge suggested that supporting the lower court's fraudulent joinder analysis could put district judges in a "tough spot."
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